Cleantech is one of Canada’s fastest-growing industries. Clean technology includes renewable energy; environmental and green building technologies; products and services such as air pollution control, solid waste management and food waste recycling, water/wastewater management and treatment technologies, energy efficiency in building and industrial process, sustainable architectural design and building materials etc.
Clean Tech currently consists of about 700 companies in Canada, employing 41,000 people and generating $11.3-billion annually.
China is one of the top three market priorities for Canada’s clean technology companies, and that for the second year in a row, China remains the third priority country, up from eighth place in 2013.
HKCBA has been one of the strong supporters to the Canadian Environment and Green Building Trade Mission to Hong Kong every year. This mission will help Canadian companies, which are involved in the CleanTech to find potential business partnership opportunities, access to targeted business network, and first-hand market intelligence.
- Canada’s best-kept secret: 14 cool and innovative clean-tech companies – Financial Post November 2014
- Canadian Cleantech Can Clean up in China – EDC Export Insights February 2014
- EDC and IFC partner to help connect Canadian cleantech business with Chinese buyers – Export Development Canada, October 2014
Insights of a Technology Startup in Hong Kong
The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) is a free trade agreement signed between Hong Kong and the Mainland China in 2003. Since then, the two sides sign supplements regarding further trade liberalisation measures every year. The latest one, Supplement X to CEPA, was signed on 29 August 2013.
CEPA opens up markets for Hong Kong-made products and Hong Kong-based service companies, enhancing the closer economic integration and co-operation between the Mainland and Hong Kong.
CEPA is non-nationality specific; as long as a company meets the CEPA criteria, the benefits apply. The arrangement covers three broad areas: Trade in Goods, Trade in Services and Trade and Investment Facilitation.
Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) CEPA – Invest Hong Kong